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Friday, March 24, 2017

Sears Changes Its Tune: No, We’re Totally Not Doomed

After being refreshingly candid in its annual report, admitting that there is a lot of “doubt” about its ability to remain afloat in the long run, Sears Holdings is now doing an about-face, with its chief financial officer assigned to handle damage control. Get your “Sears Holdings Corporate Announcement Bingo card” ready. 

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1 comment:

  1. AnonymousMarch 24, 2017 at 8:29 AM

    I read a report about this on cnbc. Sears is selling off some of their product lines like Craftsman to Stanley. For them to look better in the stock market, they had to change their tune. In this case honesty was not the best policy.

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